Managers of Wealth Africa

Nigeria is heavily ‘under-banked’ — Jibrin, MD/CEO, Suntrust

You are transforming from a mortgage institution to a commercial bank. How has the journey been?

Zuma Makes U-Turn on Finance Chief, Triggering Rand Rebound

The rand jumped the most since 2008, while bond yields fell for the first time since Nov. 24.

Schroders launches European real estate fund

The firm is looking at a "variety of strategies" for growing in South Africa

African Bank Investments Said to Get Approach for Stangen Unit

Without a bank to supply it with customers, Stangen has active policies but can’t take on any new business.

Chedid Re Boosts Expansion to Africa with the Opening of a New Representative Office in Casablanca Finance City (CFC)

The Chairman and CEO of Chedid Re, Farid Chedid, described this expansion in North and West Africa as “one more milestone for Chedid Re’s growth

Kuwait Launches Initiative to Advance Food Security, Health and Education Development Across Africa

The Board comprises prominent personalities in the field of development in Africa

China Ups Africa Commitment Even as Both Their Fortunes Fade

China is upping its game in Africa even as its own economy cools and a global slump in commodities hampers the outlook for the world’s poorest continent.

African states mull adopting yuan as forex reserve - Chinese official

This is the first time Focac is being held in South Africa.

Egypt's Banque Misr closes $250 mln 3-yr loan - arranger

Last month, Banque Misr's chairman told Reuters that the bank was close to completing a three-year loan which would pay a margin of 3.2 percent

South Africa More Risky Than Turkey as Fitch Downgrade Looms

Investors see more risk in South Africa than in lower-rated Turkey as the creditworthiness of Africa’s second-largest economy looks set to step closer to junk.

European equities attractive in low-return world – Old Mutual

As Coronation continues to favour emerging markets.

Platforms are way to leap barriers into int'l markets

Brendan Dolan is a UK expat of 15 years as well as a regional director with Old Mutual International so when it comes to the practical application of change in his market, he is most certainly worth listening to.

African Private Equity: The bright continent

But growing demand for telecommunications, infrastructure, consumer goods and financial services, has widened the range of opportunities for potential investors even further.

Modi tells rich nations of their duty to lead climate change fight

The Indian premier’s comments underline the difficulties confronting negotiators from nearly 200 countries at the two-week Paris meeting due to produce the first global climate accord in 18 years.

Cytonn Investments enters regional market

Cytonn Investments Services has expanded its services to Rwanda and Uganda as part of its regional growth plan.

Absa buys majority stake in Instant Life to grow bancassurance division

Mr Venter said the business had an annual premium income of about R50m and an embedded value of just over R70m.

Absa set to relocate to Century City

The buildings were developed in a joint venture between Rabie Property Group and Growthpoint Properties at a cost of R450m.

Old Mutual plugs into Africa

Infrastructure investment in Africa is a significant growth area and this acquisition would give Old Mutual full ownership of one of Africa’s leading infrastructure investment managers.

DIFC Announces 2024 Strategy

The delegation met with over 25 high-profile government authorities, prominent financial industry officials and leading private and public sector companies from the banking and finance, professional services and corporate sectors.

World Bank's IFC issues first green bond in South Africa

The World Bank unit said it expected its total green bond issuance to top $10 billion by 2020 from around $4.5 billion now.

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